Anbuge: economic reform will pave the law to establish a sophisticated era in Iraq

08/22/2013 12:00 AM

Following ratification by the Council of Ministers
BAGHDAD - Hussein ثغب of Tamimi


Male Economic Adviser to the Prime Minister Dr. Abdul Hussein Al-Anbuge, get the approval of the Council and the vote on the law of economic reform, which will ensure that after approval by the House of Representatives, the formation of the Supreme Council for economic reform in Iraq, stressing that the law sponsor at the same time to settle intersections occurring in the economic policies of the Iraqi .

Board approval comes at a time when sees specialists in economic affairs, the absence of a clear strategy and can be regulated economic reality in the country, as it provides increased financial revenues on the one hand, and raising the rates of sustainable growth rates of the other hand.

The Council of Ministers approved during its last regular meeting, on economic reform law, which is considered number of المعنين that "an important step towards the achievement of developmental mutations in the country."

He said Anbuge during his speech for the (morning): that the strenuous efforts made by the Iraqi team specialist, international organizations and international, to outline key to this law, which will enable the economic reality in Iraq from growing remarkably in the coming years, and will also to revive many aspects productivity broken, Kalqtain of the industrial and agricultural sectors.

According to Nbuge, the reform plan includes two, is the first in a shift economic policy towards the open market, and the translation of the will of the Constitution, which stipulates the need for a policy, an approach economist in Iraq, noting that the second part of the reform plan recommends the formation of a higher council for economic reform, which will take it upon himself to draw the country's development policies and productivity, especially after the dispersion clearly witnessed in the country's economic policies, and cause decline in growth rates, and lower rates of production, and to retain the oil as the only source to finance the country's financial budgets.

He pointed adviser to the council to be formed after the adoption of the law by the parliament, will be linked directly to the premiership, and Cedar by elements of efficient her position in the middle of economic, noting that the Council will, as well as revive the economic reality, the formation of a number of departments and institutions the task in the country, particularly the Department of Lands, and the other of the tax reform, and banking, insurance, and finance, as well as other department will be on the passage of legislation and laws to revive the economic reality of the country in general.

He expressed Economists satisfaction after the cabinet vote on the reform law, which promised him a step towards reviving all the joints of the country's development, productivity, stressing that previous periods experienced dilemmas clear economic, and intersections big between the two policies of fiscal and monetary, due to the lack of a law regulating the work of the two institutions, the form in which the impact too much on the economic progress of the country.

He sees economic Bassem Jamil Antoine, that the process of approving the law will lead to the absorption of many of the economic problems that led to the decline in growth rates, indicating that such a law able to eliminate unemployment, and work to reduce poverty rates, especially after activating the work of the productive sectors stalled for work Currently, Kalmncat industrial and commercial, as well as revive the agricultural situation, which will require more manpower.


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